The closer organization leaders monitor their finances, the smaller the chance fraud will slip by unnoticed. to the church's payroll, allowing himself to receive double the pay for his work.
Latzer also noted that Moody is accused of attempting to hide a prior embezzlement conviction from Victory when he applied for his position. The Morning Call detailed that Moody received 10 to 23 months in prison for taking $20,000 through cash and credit transactions while employed as the controller for the Pennsylvania Special Olympics.
Moody was on probation for the previous conviction when he stole the funds from Victory, CBS Philly noted.
No matter what industry an organization is in, AP audits can be used to successfully discover deter and detect fraud.